From Investing.com: 2025-05-07 03:16:00

US stock market sees two-day decline due to trade tariff concerns, indices drop. European Union ready to impose tariffs on US goods if trade talks fail. China’s Vice Premier appointed as chief trade negotiator, meeting with US officials confirmed. Gold sees pullback but short-term uptrend remains intact. People’s Bank of China cuts rates to support domestic demand and offset US tariffs, lifting the yuan. Gold may see further bullish move if resistance at US$3,420/3,435 is broken, support at US$3,265. Visit MarketPulse for more details.



Read more at Investing.com: Stocks May Struggle to Hold Gains as Earnings Downgrades Loom Amid Tariff Threats